REG - Tanfield Group PLC - Directorate Change and Dealing <Origin Href="QuoteRef">TAN.L</Origin>

TanfieldAnnouncement

17/11/2015 14:21

RNS Number : 0321G
Tanfield Group PLC
17 November 2015
Tanfield Group plc
("Tanfield", the "Company" or the "Group")
Directorate Change and Dealing
The Company announces that Roy Stanley has decided that he feels it is the right time for him to step down from the Board and with immediate effect he has resigned his position as a director of the Company.
Jon Pither, Chairman of Tanfield commented "As the founder of the Company the Board would like to warmly thank Roy for his hard work, dedication and all he has contributed to the Tanfield business. We wish him well and every success for the future."
Roy Stanley has informed the Company that on 17 November 2015 he has distributed 10,218,590 ordinary shares for nil consideration to members of his family and family trusts. After this distribution Roy Stanley and his immediate family, being himself, his spouse and trusts in which they are trustees or beneficiaries will be interested in8,129,319Ordinary Shares, representing approximately 5.4% of the Company's issued share capital.
For further information:
Tanfield Group Plc
Daryn Robinson 0845 155 7755
WH Ireland Limited - Nominated Advisor
James Joyce / Nick Prowting  020 7220 1666
Peterhouse Corporate Finance - Broker
Peter Greensmith / Duncan Vasey   020 7220 9797

This information is provided by RNS
The company news service from the London Stock Exchange
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